Reasons to Read

On January 8, 2020, Daniel Weisblum, Director of Intelligence at Coresight Research, presented at the annual Consumer Electronics Show (CES).

This presentation covers the following:

  • Global beauty market overview
  • What the West can learn from the East, including product discovery, shopping festivals and spectacular retail
  • 11 takeaways from the 11.11 festival (Alibaba’s Singles’ Day)

Click here for more Coresight Research coverage of China’s retail industry.

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Executive Summary

The Coresight Research team is in Las Vegas this week for CES 2020 (formerly known as the Consumer Electronics Show) held on January 7–10. CES 2020 has brought together over 4,500 exhibitors with nearly 20,000 new transformative tech products and more than 170,000 attendees.

These are the top five insights from the first day of this seminal event:

  • Emerging technologies such as artificial intelligence (AI), augmented reality (AR), microelectronics and data are empowering a new wave of precise, on-demand self-care solutions that give consumers actionable insights.
  • Mobility and automobile solutions can improve the growing global problem of traffic congestion.
  • Consumer trust in brands is critical. Some 46% of global consumers say they buy products or services only from a trusted brand, according to market research firm GfK.
  • Health tech is helping brands to build relationships with different consumer groups, and digital health has become a lifestyle.
  • We are living in the age of experience: Human-centric innovations seamlessly combine hardware and software to create personalized experiences that make life easier.

Reasons to Read

We offer an exclusive analysis of Amazon’s US clothing assortment, in collaboration with competitive-intelligence provider DataWeave. We analyze product listings by category, brand and seller to identify key trends covering the following content:

  • A comparison of men’s and women’s assortment by number of product listings
  • Ranking of the top 30 apparel brands on Amazon Fashion and the dominance of “generic”, non-branded products
  • The top categories of men’s and women’s apparel respectively (by number of product listings) and the top brands in each
  • The three most-listed brands on Amazon Fashion
  • The proliferation of Activewear products, led by Nike, Adidas and Under Armour
  • Product listings on Amazon Fashion by seller

This report is an update to our report from November 2018, Amazon Apparel Update: An Analysis of More than 1 Million Clothing Listings on Amazon Fashion.

Readers may also be interested in Slicing and Dicing Amazon’s Private-Label Offering.

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Executive Summary

The Coresight Research team is in Las Vegas this week for CES 2020 (formerly, the Consumer Electronics Show), held January 7–10. CES 2020 has brought together over 4,500 exhibitors with nearly 20,000 new transformative tech products and more than 170,000 attendees. 

These are the top five insights from the media days, January 5–6:

  • The dynamic of the consumer electronics industry has changed. We are entering a decade of the new “IoT”—theIntelligence of Things, which will be powered by 5G.
  • 5G connectivity will enable the use of digital tools to improve productivity in agriculture, working toward a sustainable future.
  • The consumerization of artificial intelligence (AI) will see use cases in machine learning, end services, content services and emerging technologies.
  • Digital healthcare is evolving quickly, lowering costs and improving outcomes.
  • More retailers and startups are focusing on sustainability as social values become more important to consumers.

 

Reasons to Read

The Monthly Fashion Trend Report highlights top growing and accelerating fashion silhouettes and print trends consumers are searching for in dresses, tops, pants and sweaters, showing which fashion trends are accelerating.

  • Paperbag pants are a steady growth trend
  • Belted blazers are an accelerated growth trend
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Reasons to Read

The Monthly Fashion Trend Report highlights accelerating fashion trends based on what consumers are searching for: The results show which trends are accelerating, slowing or reaching maturity.

This month, we are seeing:

  • The belted blazer offers opportunity in the luxury sector, with most selling at higher price points.
  • The oversized hoodie is a fast-fashion opportunity, with growing interest and most selling at the lower end of the price spectrum.

For more detail, please see the Xcel Brands x Coresight Research Monthly Fashion Trend Data Report.

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QUESTION OF THE WEEK: What Are the Key Challenges Involved in In-Store Retail Operations?

Ensuring consistency in store execution is one of the biggest challenges for grocery retailers, with 81% of respondents to a Coresight Research survey citing it as a key challenge in physical store operations.

Reasons to Read

We explore the expanding applications of computer vision in the retail industry as the adoption of this technology increases among retailers. Offering key examples, we consider the following trends in the ongoing transformation of the shopping experience through computer vision:

  • Among legacy retailers, Walmart leads R&D activity.
  • Collaboration with emerging technology companies is a key adoption strategy for retailers.
  • The applications of visual search technologies will expand in 2020
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Executive Summary

  • This week’s note “From the Desk of Deborah Weinswig” looks at the challenges retailers may (continue to) face in 2020.

In the news this week:

  • PayPal will integrate with Argentinian e-commerce company MercadoLibre’s Mercado Pago payment system for users in Brazil and Mexico.
  • Singapore-based ride sharing company Grab has partnered with Singapore Telecommunications (Singtel) to apply for a full digital banking license.
  • DishDivvy, a marketplace to connect local home cooks with nearby customers, has partnered with DoorDash to offer delivery of home-cooked meals.

Reasons to Read

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover:

  • What is happening in retail in the US and UK this week
  • Year-to-date 2020 major US and UK store openings and closures
  • 2020 major US retail bankruptcies
  • New non-store-closure news

This week, there are highlights from Michaels Companies in the US and Joy in the UK.

Click here to view our full collection of Weekly US and UK Store Trackers.

Complementing our weekly Tracker report, the new Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2020 year to date, filterable by sector and year. Click here to view.

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Reasons to Read

With the rise of the sharing economy, rental, subscription and resale business models are gaining traction in the US as the desire to own products and the social stigma of buying pre-owned products diminish, especially among millennials and Gen Zers. As this segment expands, we’re seeing several trends emerge.

  • Traditional retailers are getting in on the rental and subscription action with offerings of their own.
  • Many are teaming up with digital subscription services.
  • Digital natives in the space are also looking for physical locations, most notably Le Tote’s acquisition of Lord & Taylor.
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Executive Summary

  • This week’s note “From the Desk of Deborah Weinswig”  looks at 10 things we learned in 2019—and what they mean for 2020.

In the news this week:

  • US Super Saturday sales hit $34.4 billion—the biggest single day in US retail history and ahead of Black Friday’s $31.2 billion, despite lower foot traffic.
  • Chilean supermarket chain Wong has launched an app that lets customers trace meats, with information such as farm location, certifications, distribution process, store arrival date—and cooking tips.
  • Alibaba travel platform Fliggy has launched a campaign to connect China’s independently operated hotels with travelers and has already signed up 15,000 hotels in over 300 cities.

Reasons to Read

Key indicators from the US, UK and China presented a mixed bag in November.

  • The US CPI crept up in November, but so did wage growth.
  • UK food prices climbed, but fuel prices came down.
  • China’s retail sales growth picked up pace again.

This report captures the big picture and what it means for retail as we head into the new year.

Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports.

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Reasons to Read

Our Weekly US and UK Store Openings and Closures Tracker covers store closures, openings and bankruptcies. We include:

  • What is happening in retail in the US and UK this week
  • Year-to-date 2019 major US and UK store openings and closures
  • 2019 major US retail bankruptcies
  • New non-store-closure news

This week, we cover a new Jared jewelry collaboration with digital native diamond and bridal jewelry retailer James Allen, both Signet Jewelers banners. In the UK, Flannels has expanded into Northern Ireland while Bonmarché has lost its CEO.

Click here to view the full series of Coresight Research Weekly US and UK Store Openings and Closures Trackers.

Complementing our weekly report, premium subscribers can access opening and closure data since 2012 via the new Coresight Research Retail Store Databank, filterable by sector and year. Click here to view.

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Reasons to Read

In a country in which Christmas is not a traditional holiday, merchants have grabbed the opportunity to launch holiday-themed marketing campaigns. These are some of the strategies we’ve seen this season:

  • Pop-up stores featuring iconic images and themed installations that can serve as photo backdrops
  • Innovative lighting installations
  • Promotions such as mystery gift machines for loyalty club members
  • Innovative technology such as a 3D avatar creation game
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